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JDW continues to suffer huge losses

15:43

JDW continues to suffer huge losses
Source: Pexels

Jastrzębska Spółka Węglowa (JSW) reported PLN 7.28 billion in net losses and PLN 6.5 billion EBITDA losses for 2024, with revenues dropping to PLN 11.32 billion from PLN 15.34 billion in 2023. The decline is driven by falling coking coal prices, which have dropped from $350-400/t to below $200/t in two years.

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